Albany, NY -- (SBWire) -- 10/10/2016 --EDA includes software tools that are used to design electronic systems such as printed circuit boards (PCBs) and integrated circuits (ICs). EDA helps electrical engineers (hardware engineers) and computer engineers (software engineers) to design, analyze, and simulate semiconductor chips. It also encompasses algorithms and methodologies for the design of very large-scale ICs. CAE, IC physical design and verification, PCB and multi-chip module (MCM), semiconductor intellectual property (SIP), and services together contribute to the growth of the global cloud EDA market. Various EDA tools are used to design and develop complicated and large-scale circuits, which are used in products across different industries. EDA tools help semiconductor and electronic product manufacturing companies reduce product development time and increase the accuracy of design.
The global cloud electronic design automation (EDA) market to grow at a CAGR of 6.9% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global cloud electronic design automation (EDA) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cloud EDA software license by OEMs and electronic component suppliers.
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Technavio's report, Global Cloud Electronic Design Automation (EDA) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Cadence Design Systems
- Synopsis
- Mentor Graphics
Other prominent vendors
- Agilent
- Agnisys
- Aldec
- Ansys
- JEDA Technologies
- MunEDA
- Sigrity
- Zuken
Market driver
- Increase in adoption of EDA to reduce design time
- For a full, detailed list, view our report
Market challenge
- Increase in adoption of EDA to reduce design time
- For a full, detailed list, view our report
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Key questions answered in this report:-
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global Cloud Electronic Design Automation (EDA) Market to Grow at a CAGR of 6.9% During Forecast 2016-2020
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